Horizon Lines closes on $25.0 million bridge loan

AJOT | September 14, 2011 | Liner Shipping

Horizon Lines, Inc. announced that it has closed on a bridge loan facility of up to $25.0 million from certain of its 4.25% convertible note holders, as part of the comprehensive refinancing agreement between the company and its note holders announced lat Read More »

CMA CGM improves the US East Coast port coverage of its CAGEMA service

AJOT | September 14, 2011 | Liner Shipping

The CMA CGM Group is pleased to announce the reshuffling of its CAGEMA Main Liner service, linking the United States East Coast and the Caribbean, effective 9th September 2011. Read More »

China looks to save struggling shipping sector at any cost

AJOT | September 11, 2011 | Breakbulk & Projects

China's campaign to protect its maritime industry during a severe downturn will become more costly for foreign companies as Beijing grabs a bigger slice of the profits for shipping iron ore, coal and grains to the world's second largest economy.

China Read More »

Key freight index set to plunge by year end

AJOT | September 11, 2011 | Breakbulk & Projects

The Baltic Exchange's Dry Index , the benchmark for seaborne trade, could tumble by nearly half from current levels by the end of 2011 as a flood of new ships offsets higher Asian commodities demand, a senior executive said.

The BDI index has surged 4 Read More »

Nurminen Logistics delivers tanks to Belarus

AJOT | September 11, 2011 | Breakbulk & Projects

Over the past few years, Finnish Nurminen Logistics, a member tof the Cargo Equipment Experts CEE network, has made several special deliveries to Belarus. A follow-on to these deliveries came in the summer of 2011, when the company delivered three large t Read More »

Demag Cranes supplies five Mobile Harbour Cranes to the Netherlands

AJOT | September 11, 2011 | Ports & Terminals

Demag Cranes supplies five Mobile Harbour Cranes to the Netherlands. Here a Gottwald G HMK 6407 B Mobile Harbour Crane for professional bulk handling was supplied. Read More »

New cranes arrive at JAXPORT’s Blount Island

AJOT | September 11, 2011 | Ports & Terminals

JAXPORT’s two new container cranes arrived at the Blount Island Marine Terminal this week. The cranes are worth $10 million each, stand 170 feet tall and weigh 1.050 tons. Each crane boasts a 145 foot front reach and can lift 50 long tons of cargo. They Read More »

Port of Indiana ships ArcelorMittal steel to Macedonia

AJOT | September 11, 2011 | Ports & Terminals

Indiana-made steel is headed from the Port of Indiana-Burns Harbor to the Republic of Macedonia. The shipment – made up of 18,000 metric tons of hot-rolled steel coils – was produced at ArcelorMittal’s Burns Harbor facility. The steel will ship to Thessal Read More »

Alliance between Port of Miami and Florida Inland Port creates opportunity for Florida distribution

AJOT | September 11, 2011 | Ports & Terminals

Jones Lang LaSalle announced the signing of a Letter of Intent (LOI) between its client, Florida Inland Port, and the Port of Miami. This strategic alliance between Florida’s largest seaport and the state’s first rail-oriented, integrated logistics cente Read More »

Barnhart Crane & Rigging opens branch at Port of Monroe, MI

AJOT | September 11, 2011 | Ports & Terminals

Barnhart Crane & Rigging has opened its newest branch at the Port of Monroe, MI. The Port of Monroe, Michigan's only port on Lake Erie, is located 35 miles south of Detroit, MI and 17 miles north of Toledo, OH. Barnhart's new Eastern Michigan branch adds Read More »

Surge in traffic between Port of Hamburg and Poland

AJOT | September 11, 2011 | Ports & Terminals

In the first half of 2011, seaborne container traffic between Hamburg and Poland experienced a particular surge by 38 per cent, to 114,000 TEU. In this context, imports and exports from/to Poland are very well balanced at 56,000 TEU and 58,000 TEU, respec Read More »

NICOLAS vehicles transport first prototype of the new Siemens 6 MW nacelle in Denmark

AJOT | September 11, 2011 | Ports & Terminals

The Danish transport company, Brande Maskintransport, recently transported the prototype of the new Siemens SWT-6.0-120 nacelle using heavy goods vehicles from the French manufacturer NICOLAS Industrie. During the 138 km journey from Brande to the final d Read More »

Port of Vancouver USA welcomes M/V Mykali on her maiden voyage

AJOT | September 11, 2011 | Ports & Terminals

The Port of Vancouver USA welcomed the M/V Mykali, commanded by Capt. Viktor Sapozhnikov of Russia, on her maiden voyage to the United States on August 23, 2011.

Sapozhnikov and his 17-member crew were welcomed to Vancouver by Earl Dixon, vessel super Read More »

Jacobson Companies acquires G-Link Express Logistics

AJOT | September 11, 2011 | Transport Intermediaries

JHCI Holdings, Inc., parent of the Jacobson Companies, a leading third party logistics provider, has acquired substantially all of the assets of G-Link Express Logistics (G-Link), an international freight forwarding group based in Singapore effective Augu Read More »

Cross border services simplifies Customs-to-business partnerships and security compliance

AJOT | September 11, 2011 | Transport Intermediaries

The victims of 9/11 are all Heroes. Unsung heroes as they never got the rightful acclaim and recognition deserving of courageous individuals. They and all our servicemen and women represent our tenacity to protect and keep us safe from terrorism. In the Read More »

DGX establishes Customs brokerage division to expand logistics services

AJOT | September 11, 2011 | Transport Intermediaries

Dependable Global Express (DGX), an international logistics provider, has established a customs brokerage division to complement its global freight forwarding operations.

In announcing the new division, Brad Dechter, President, stated, "Dependable Glo Read More »

Damco expands partnership with Sun America Import

AJOT | September 11, 2011 | Transport Intermediaries

Damco announced that Sun America Imports, Inc., a leading US based import wholesaler of fresh produce and perishables from Latin America to North America, has awarded the company a major contract to provide end-to-end management of the company's entire su Read More »

RSI works with CargoNet to fight cargo theft

AJOT | September 11, 2011 | Transport Intermediaries

Costa RSI Insurance Brokers, Inc., a leading transportation insurance broker, announced that it will work with CargoNet' to help its transportation and supply chain clients combat cargo theft.

Through this collaborative effort, RSI clients will receiv Read More »

Crowley successfully completes rapid response for emergency aid to Bahamas following Hurricane Irene

AJOT | September 11, 2011 | Transport Intermediaries

As one of the warehouses contracted by the U.S. Agency for International Administration (USAID) to provide pre- and post-disaster relief commodity storage services for the United States, Crowley Maritime Corporation's logistics group recently provided the Read More »

LeanLogistics expands into Europe, welcomes CHEP to international client base

AJOT | September 11, 2011 | Transport Intermediaries

LeanLogistics, a global solutions provider of transportation management system (TMS) applications and supply chain services, has announced its expansion into Europe with offices in UK and Spain.

LeanLogistics' European offices provide sales and suppor Read More »